For Some, the Focus
Is on Yuan's Prospects

China appears close to concluding a tortuous path to the World Trade Organization, but some executives in the region say they have more important concerns when it comes to their big neighbor.

"Of greater impact is whether China will devalue its yuan in the coming year," said Yong Poh Kon, vice president of the Federation of Malaysian Manufacturers, an industry group comprising 2,000 companies. "That has far greater...